Oil prices fall as US stock market slumps and dollar strengthens

After 565 past bearish macro events, Crude Oil (WTI) moved a median -1.4% over 5 sessions (41% higher; middle half -5.9% to +3.0%), and -0.5% over 20.

• Oct 31, 2022Canadian dollar slips to six-day low as oil prices fall - The Globe and Mail+5.4%
• May 30, 2023Canadian dollar dips as oil prices fall more than 4%-0.4%
• Jan 24, 2020Canadian dollar slips as oil prices fall on China virus scare-6.1%
• Jan 29, 2020Canadian dollar nears seven-week low as oil prices fall - The Globe and Mail-7.1%
• May 29, 2026BRL Strengthens Slightly on Strong GDP and Easing Oil Prices+4.6%

After 312 past bearish macro events, Crude Oil (Brent) moved a median -1.7% over 5 sessions (38% higher; middle half -5.4% to +2.3%), and -1.7% over 20.

• May 29, 2026BRL Strengthens Slightly on Strong GDP and Easing Oil Prices+2.5%
• Sep 18, 2026Ringgit opens higher against US dollar as oil prices ease | The Star-0.3%
• Dec 20, 2018Oil plunges nearly 5 percent to 17-month low as stock market slumps-8.1%
• Feb 27, 2020Rupee strengthens against USD amid easing crude oil prices-5.0%
• Mar 7, 2023Oil and Gold Prices Slump As Powell Signals Further Rate Hikes to Come - Markets Insider-6.7%

After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.

• Oct 31, 2022Canadian dollar slips to six-day low as oil prices fall - The Globe and Mail-0.1%
• Dec 19, 2024Dollar strengthens as market digests Fed's hawkish cut+0.5%
• Jan 10, 2025Rand Tumbles Above 19 as Dollar Strengthens on US Jobs Data+0.1%
• Aug 28, 2026Dollar Strength and Increased Middle East Oil Flows Weigh on Crude Prices-0.2%
• Oct 29, 2025Stocks fall, US dollar strengthens after Powell puts chill on December rate cut | Reuters+1.0%